Awards

This year’s Cash Management Poll saw four different institutions enjoy the regional support of corporates and financial institutions. They all point to the same thing when it comes to providing top cash management in Asia: strong client servicing.

Private banks are refining their strategies in an increasingly competitive landscape to take advantage of asset growth in Asia. This year’s Private Banking Poll winners reveal how they are seeking to impress their clients.

The offshore version of China’s renminbi currency is continuing to grow in trade settlement and product usage, and is gaining the support of an increasing number of banks. ASIAMONEY’s second Offshore Renminbi Poll reveals which banks are considered the best providers of renminbi products by the companies and investors that use them.

The four banks are deemed most popular by corporates and financial institutions, breaking Citi’s recent dominance.

Derivatives Week is unveiling its Global Derivative Award winners in two stages this year. First up are the winners of the Global Derivatives Editorial Awards determined by the editorial team. The winners of the bank, interdealer broker and law firm awards will be decided by the results of the Global Derivatives Survey. The survey runs until July 22 for the bank and law firms, and runs until July 29 for the interdealer brokers.

Barclays made the most senior hire of the week, appointing ex-Goldman Sachs trader Michael Winkelgrund as head of exchange-traded fund trading. Deutsche Bank, meanwhile, hired Monty Lee as a senior index options trader from Barclays. In Asia Pacific, Nicholas Smith has replaced PJ Andersson as global head of pan-Asian equity derivative and convertible sales at Citigroup, after the latter left the firm last week.

Each year ASIAMONEY reveals which domestic banks, equity brokerages and debt houses stand out for excellent performance. In Thailand Kasikornbank continues to stand as the most impressive local lender, Phatra Securities remains dominant for equity dealing and Bangkok Bank brings its relationships to bear in bonds.

Each year ASIAMONEY reveals which domestic banks, equity brokerages and debt houses stand out for excellent performance. In Vietnam Military Bank manages to stand out of a struggling bank sector for its focus on not growing loans at the expense of risk management.

Each year ASIAMONEY reveals which domestic banks, equity brokerages and debt houses stand out for excellent performance. In South Korea Shinhan Financial Group’s risk management expertise impresses, Woori Investment & Securities’ equity capabilities stand out and Korea Investment & Securities does well in debt.